Monthly Archives: September 2011
On Loan Limit Drop, Middle Faces Hard Hit
| September 29, 2011 | Posted by Art under Uncategorized |
Time is running short for Congress to prevent FHA and conforming loan limits from reverting back to 2008 levels. The current limits expire Sept. 30 and will drop from 125 percent of the area media home price (and a top limit of $729,750) to 115 percent of area home price and a top limit of $625,500. If Congress fails to extend the limits and they drop, the real estate industry (which is united in opposing a drop) will certainly look for another opportunity later in the year to get them back up.
15 Cities Where Listing Prices Are Rebounding
| September 23, 2011 | Posted by Art under Uncategorized |
Find out which cities have had the largest year-over-year increases in average list prices.